This note highlights a select group of stocks showing the most unusual — and highly directional — options activity.
The goal is simple: follow the big money and trade in the direction of the underlying trend.
Here is the list of Unusual Options activity from January 30:
*Click to enlarge view
Kosmos Energy $KOS – With energy showing broad strength, an unusually large directional bet hit this name. The chart shows a bounce off key 2020 support, suggesting a potential floor is in place.
One trader is looking for near-term follow-through, buying 10,000 contracts of the 3/20 $2 calls.
Vertiv $VRT – A leader in the electrical equipment space, VRT is pressing right up against fresh all-time highs.
A trader is betting on that breakout, purchasing 460 contracts of the 6/18 $260 calls.
Jumia Technologies $JMIA – JMIA is carving out a fresh bearish-to-bullish reversal with volatility tightening, often a precursor to expansion.
Positioning ahead of a potential catalyst, a trader bought 1,250 contracts of the 3/20 $14 calls in anticipation of a move higher.
